<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 6,027,260 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,027,260 <PP&E> 24,545,658 <DEPRECIATION> 0 <TOTAL-ASSETS> 30,572,918 <CURRENT-LIABILITIES> 136,590 <BONDS> 4,287,003 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 26,149,325 <TOTAL-LIABILITY-AND-EQUITY> 30,572,918 <SALES> 1,846,608 <TOTAL-REVENUES> 1,986,917 <CGS> 552,567 <TOTAL-COSTS> 552,567 <OTHER-EXPENSES> 348,319 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,086,031 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,086,031 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,086,031 <EPS-BASIC> 11.32 <EPS-DILUTED> 11.32